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Zambia miners seek independent tax audit

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Mining companies operating in Zambia want the government to appoint independent international auditors to verify whether they are paying all the taxes due.

Exxaro workers score as scheme pays out

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Almost 10,000 employees of Exxaro Resources are to receive up to R135,000 in terms of an employee share ownership plan; the second leading miner to announce such a payout.

Zimbabwe ultimatum for Caledonia

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Sources within the Zimbabwe government say Caledonia Mining Corporation may be used "as an example" to companies "still unwilling to commit to (indigenisation) legislation".

Harmony halts Hidden Valley JV operations

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Harmony Gold Mining says it has halted operations at its Hidden Valley joint venture operation in Papua New Guinea following an earthquake.

Peru’s new mining minister ‘open to business’

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Peru's new mine and energy minister says the government will attract private investment to the vast sector while requiring it to bring more social benefits.

BHP Billiton Energy Coal in BEE deal

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BHP Billiton Energy Coal SA has entered into an empowerment transaction with a black-owned consortium led by the Pembani Group.

African Barrick to raise royalty in Tanzania

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African Barrick Gold has agreed with the Tanzanian government to raise the royalty rate it pays on gold exports, says the country's minerals ministry.

Northam hit by safety inspections

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Northam Platinum says its only producing mine has been hit by several stoppages due to government safety inspections, part of a wider campaign that has hit the sector.

Caledonia plays down Zimbabwe threat

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Caledonia Mining has played down threats that the Zimbabwe government may take over its operations, following reports that it is not keen on implementing the indigenisation policy.

Rio Tinto wins fight against Ivanhoe poison pill

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An abitrator has ruled a "poison pill" takeover defence erected by Ivanhoe Mines Ltd does not apply to global mining giant Rio Tinto, leaving Ivanhoe vulnerable to a takeover by Rio.